Alternative Loan Options

Several other loan alternatives are available. Alternative loans are private education loans through a lending institution and are not part of the federal government programs. Alternative loans are more expensive than federal government guaranteed loans and should only be used when all other options have been exhausted. Pursue all possibilities for scholarships, grants, work study, and federal loan programs before borrowing from an alternative loan program. If you determine you need an alternative loan, use the helpful link below, and research the preferred lenders for comparison and additional information. Choose the loan that best suits your needs. Once you have selected the alternative loan you wish to pursue, please complete the application on the web site or call the toll-free number listed to request an application. Remember to borrow minimally.

Compare Private Loans

The origination fees for the different loans vary and will affect the net amount you receive. Maximum loan amounts vary depending on which loan program you choose. Most alternative loans require a cosigner. Repayment of principal and interest may be deferred for most private alternative loans. For more details visit www.certifiedprivateloans.com .

Texas residents may pursue a College Access Loan by applying on-line at www.hhloans.com.

REMEMBER: If you wish to obtain an alternative loan in addition to your Stafford loan, you must apply separately. Alternative loans are not a part of the federal government programs!